I think many on here are looking to trade or short. IMHO this is the wrong stock
As an investment this is a superb opportunity IMHO
Im fine with the update. The only news is the positive ""We closed the first six months with a pickup in market volatility and client trading volumes ". I think this will continue into H2 and push the numbers up
Bladerunner as for after hours sales this is not how it works. Firstly they are VWAP orders so will have been worked over the last 48 hrs and by regulation need reporting in that time frame and secondly the reported BUY or SELL is inaccurate. These are off books trades so you can not even see which side of the book they would are on even with L2 or DMA
WOW order of volume 276,142 @ 276 BUY just missed out at auction as it crossed at 277
ive done the same so many times, now I just hold through the bs
Ive been overweight in PLUS since the SP was 230 and know it well. Whilst there are similarities its a very different animal
I feel there is some positive overlap from the trading update and im confident long term this will be fine
Its interesting to note how PLUS collapsed (well dropped back to 495) on "accounting errors" and have recently taken to understating potential revenues until it stabilised and yesterday put out a mild ahead. CMC seemed to have manage to do similar, getting a bit excited with sequential ahead trading updates , but remember these are complex forward looking estimates (based on unhedged market swings) and are very difficult to gauge (personally I would under play until certain of numbers).
Bottom line regardless of estimates and incurrences this is a debt free, high yield cash machine whos business is expanding
What makes you think the TS will be poor, especially given volatility has increased in this period and they have started transitioning 500,000 ANZ clients?
I have support circa 1235
Britain's Utility Warehouse, the country's ninth-biggest independent energy supplier, hopes to nearly double its customer base....
LOL dreamer
Hope this picks up and you people get some of your of your losses back (I took a big hit and sold out a few years back)
The irony of the SFO taking so long to deal with his is they have damaged PFC's ability to pay the fine due to loss of business. If they had any brains at all they would have sorted it years ago with a larger fine than potentially now possible, so have in effect costs themselves money and PFC business (and maybe some UK jobs along the way). I do feel the fine will be on the lower side of things unless they want to completely cripple this company which employs I think cica 15,000 staff
The only point of this exercise I can see from an SFO perspective is to generate themselves revenue and even given a guilty plea they have still manage to mess that up, Incredible
And yet the Nasdaq finished RED too with the SP500 and DOW @ zero!
Apart from the fact there is no borrowed stock over 0.5% against POLY and very little under if you check all using euroclear or the like?
" overbought or sold."
overbought or close..sorry
LSE put a bloody edit button on here please!
Aim I understand your frustration but anywhere around 380 is the worse play to sell..watch those oversold indicators
Ive been through the process of looking at all my buys and sells for the last 5 years and in about 60% of the cases where I got it wrong I sold with it was already oversold or close and bought when it was already overbought or sold. It was a good learning exercise for me
Bananaman dont confuse Revenue with earnings
Gary I agree on circa 16p divi although hard to guess...Brokers consensus have 2021 profit @ £178m, 2022 @ £72.7m
Mary didnt this float at £2.40 paying an 8p dividend!
PI volume is low but RSP/Off book/ Intuitional is steady
I added quite heavy in the post market auction yesterday, it may still drop but its still in range of 280 support
When volume picks up, even slightly I personally feel this will move up rapidly. Patience thats all
TEP needs to shake of the shorters thats why
GLG keep increasing and selling off what they have borrowed
Top up time
Volume is very low (and been slowing for over a week) coinciding perfectly with the 380 major support
Although Im still significantly up on this and its pulled back on the weekly im holding (was 20% now 13.75%)
Look at the normal per Ofgem levels